Covington
Covington city, Tennessee
Covington, Tennessee, offers a refreshing alternative to the soaring costs of living you find in many parts of the country. This charming town, home to around 8,600 residents, presents a compelling case for those seeking affordability without sacrificing quality of life. Imagine owning a home for a median value of just $156,700, a stark contrast to the national average of approximately $350,000. Here, you'll find a slower pace, friendly neighbors, and a community spirit that's hard to replicate. The cost of living is genuinely accessible, making it an excellent choice for first-time homebuyers, families looking to stretch their budgets, or anyone seeking a simpler, more relaxed lifestyle.
From an investment perspective, Covington’s real estate market offers significant potential. While the median household income hovers around $44,384, the affordability of housing creates a favorable environment for property ownership. While I don't have unemployment data, the town is known for its safety and close-knit community, making it an ideal place to raise a family or settle down. Covington is best suited for those who appreciate a tight-knit community, value affordability, and are looking for a place to call home without breaking the bank.
Covington, Tennessee at a Glance
Covington is a city in Covington city, Tennessee with a population of approximately 8,644. The median home value is $156,700 and the median household income is $44,384. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $843 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$156,700
Median Income
$44,384
Population
8,644
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Good
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- Population
- 8,644
- Median Age
- N/A
- Median Household Income
- $44,384
40% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 23.4%
89% above nat'l avg
- Median Home Value
- $156,700
44% below nat'l avg
- Median Rent
- $843
28% below nat'l avg
- Homeownership Rate
- 49.0%
26% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 2.5 per 1K
31% below nat'l avg
- Property Crime Rate
- 4.0 per 1K
79% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 48.34
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.3¢/kWh
26% below nat'l avg
- Est. Monthly Electric
- $111
19% below nat'l avg
- Unemployment Rate
- 5.5%
49% above nat'l avg
- Poverty Rate
- 23.4%
89% above nat'l avg
Political Landscape
→ Politically stable
Based on Rutherford County county-level presidential election data
Culture & Things to Do in Covington
Tipton County Fair
An annual agricultural fair with rides, exhibits, and entertainment.
Covington Christmas Parade
A festive parade held annually to celebrate the holiday season.
Covington Farmers Market
A weekly market offering locally grown produce and goods.
Tipton County Relay for Life
An annual fundraising event for the American Cancer Society.
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